Situated on a meticulously chosen lot w/ front & back access on two streets, this exceptional development project boasts the approval from the Committee of Adjustment for the lot to be severed into two w/ each lot having COA approved plans / variances to host an 8plex for a total of 16 units. Each thoughtfully designed 8plex offers a diverse range of layouts to cater to various tenant needs, including 2X 2bedrm, 5X 1bedrm (including one barrier free unit) & 1x Studio. Next Steps for you: w/ variances and severances secured; and some of the key documentation / steps completed; the next milestone is obtaining the building permit & checking the possibility of eligibility for no GST on the construction of the multi family units & financing through the government of Canada's building accelerator fund. The existing house is rented. This project offers visionary builders a rare opportunity for lucrative returns & success. Contact me today for more details on this meticulously planned venture. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
63 x 100 ft
Amenities Nearby
Public Transit, Shopping
Listing Contract Date
2024-07-31
Municipal ID
042420165
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R4UA
Building
Basement Development
Not Applicable
Basement Type
Unknown (Not Applicable)
Utility Water
Municipal water
Land
Total Size
0.14 acres
Access Type
Road access
Amenities
Public Transit, Shopping
Current Use
Development residential
Sewer
Municipal sewage system
Size of Irregular Land
0.14
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
